House for sale

3292 430th St

Home · Nerstrand, MN 55053

$400,000asking
$198per sq ft
2026 assessed
7days on market
zoning

6 of 6 listing photos, from the MLS listing via Zillow; they belong to the listing broker.

The listing

Asking price
$400,000
Status
House for sale
Beds / baths
3 / 1
Finished area
2,020 sq ft
Price per sq ft
$198
Lot
16.36 acres
Year built
Days on market
7
Zestimate
$287,500
Rent estimate
$1,566 / month
MLS
7139876 · NorthstarMLS as distributed by MLS GRID
Listed by
Donavin G. Prescott, Real Broker, LLC · 952-913-3222
Listing
Zillow

The listing says

Set on 16.36 scenic acres of rolling Nerstrand countryside, this hobby farm delivers the space, functionality, and rural beauty buyers are searching for. The property is fully set up for horses with multiple outbuildings, including a 36' × 50' barn with a 36' × 64' addition, a second 20' × 32' lean-to pole shed, and a versatile 40' × 80' building ideal for equipment, hay storage, or a future indoor training space. A 20' × 24' garage adds additional convenience for vehicles or tools. The land itself is a standout—gentle elevation changes, open pasture, and wide-open views create a peaceful, private setting perfect for riding, grazing, or expanding your equestrian layout. Whether you’re a horse owner, hobby farmer, or someone seeking a quiet acreage retreat, this property offers the rare combination of usable land, substantial infrastructure, and the kind of natural beauty that makes country living feel effortless.

Listing facts

Home typeSingleFamily
Property sub typeSingle Family
Lot size16.36 Acres
Year built1870
Garage parking capacity2
Has garageTrue
Parking capacity2
Price per square foot198

County record

Outside the City of Kenyon parcel set on this site (township or another town), so no county join.

What it would cost per month

At the asking price of $400,000, a buyer who occupies the house would pay about $2,644 a month with 20 percent down on a 30-year loan, or $3,307 with nothing down on a USDA guaranteed loan. Property tax is figured from Zillow's effective rate of 1.06 percent on the asking price (no county parcel match).

Conventional, 20% down, 30-yr at 6.76%Conventional, 20% down, 15-yr at 6.09%USDA guaranteed, 0% down, 30-yr at 6.76%
Down payment$80,000$80,000
Loan amount$320,000$320,000$404,000
Principal and interest$2,078$2,716$2,623
Property tax$353$353$353
Homeowners insurance$213$213$213
USDA annual fee$118
Total per month$2,644$3,283$3,307

Estimates use the Freddie Mac average 30-year fixed rate of 6.76 percent for the week of September 10, 2026 (15-year 6.09 percent), property tax computed on each city parcel's 2026 county assessed value as a homestead at certified payable-2026 rates (township parcels use the county's current bill; unmatched or farm parcels use Zillow's effective rate), and homeowners insurance at the Minnesota average of about $8.00 per $1,000 of dwelling coverage (Insure.com, August 2026; dwelling coverage set to the assessor's building value). The USDA column is the Rural Development guaranteed loan for which Kenyon addresses are eligible: nothing down, a 1 percent guarantee fee financed into the loan and a 0.35 percent annual fee. No HOA dues, no private mortgage insurance (20 percent down avoids it), no special assessments, and no points. Rates change weekly; lenders quote your own. Run other values through the tax estimator.

Recent sales nearby

DateAddressPriceUseDistance
2026-02-123791 430TH ST$67,200Grass670 m
2025-12-0243469 COUNTY 14 BLVD$283,000Single family home1163 m

Certificates of Real Estate Value filed with the state since 2024, within about a kilometre; family transfers and partial interests appear as filed.

Listing data from the NorthstarMLS feed as shown on Zillow, fetched 2026-09-13; verify with the listing agent. This site sells nothing and represents no one in the transaction.